The proposed Liberty Village station is located north of King Street - Technically it’s outside of the neighbourhood, but it’s adjacent to the 504 King streetcar, the busiest surface route in the TTC’s network - Most of the lands north of King Street—designated as Regeneration Areas in the Official Plan—have already been developed with high-rise condominium towers - To the south, the west side of Liberty Village remains designated as employment lands, which could limit residential development. Given these constraints, there isn’t much opportunity to capitalize on new development to finance a station here - torontoist.com